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Quick Take: Benalec rises 5.5% on assets disposal move

KUALA LUMPUR: Shares of Benalec Holdings Bhd rose 5.5% this morning, after the group said it planned to dispose of two of its sand carrier vessels for RM15.8mil.

Trading ideas: MSM, MMC, Yee Lee, Benalec, Yong Tai, Damansara Realty

KUALA LUMPUR: JF Apex Research expects MSM Malaysia Holdings Bhd, MMC Corp Bhd, Yee Lee Bhd, Benalec Holdings Bhd, Yong Tai Bhd and Damansara Realty to be among the stocks to watch on Thursday.

Benalec unit proposes to dispose of two vessels

PETALING JAYA: Benalec Holdings Bhd’s unit has proposed to dispose of two sand carrier vessels for US$3.82mil (RM15.82mil).

Benalec unit sells sand carrier vessels

KUALA LUMPUR (Bernama): Benalec Holdings Bhd’s unit, Ocean Pacific Ltd has disposed of two sand carrier vessels, Oceanline 5001 and GT298, to Regiontrade Sdn Bhd for US$3.82mil.

There’s money to be made in land reclamation

LAND reclamation is big business in Malaysia. Money is made from selling plots of newly created land from the sea to developers.

Trading ideas: Construction stocks, Eduspec, Benalec, UEM Edgenta, PPB

KUALA LUMPUR: JF Apex Research expects construction stocks, Eduspec holdings Bhd, Benalec Holdings Bhd, UEM Edgenta Bhd and PPB Group Bhd to be among the stocks to watch on Monday.

Trading ideas: Fitters Diversified, Datasonic, Cypark, Benalec, CCK

KUALA LUMPUR: JF Apex Research expects Fitters Diversified Bhd, Datasonic Group Bhd, Cypark Resources Bhd, Benalec Holdings Bhd and CCK Consolidated Holdings Bhd to be among the stocks to watch on Thursday.

Benalac to undertake private placement

PETALING JAYA: Construction outfit Benalec Holdings Bhd plans to undertake a private placement exercise to raise funds primarily for its ongoing and future land reclamation projects.